Thursday, July 9, 2015

RealtyTrac’s Buy-or-Rent Analysis Shows Buying More Affordable Than Renting in 66 Percent of Markets



Daren Blomquist
IRVINE, CA, July 9, 2015 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released a Buy-to-Rent analysis and a Buy-or-Rent analysis on 3-bedroom residential properties in 285 counties nationwide.

The Buy-to-Rent analysis found that potential returns from buy-to-rent purchases of 3-bedroom residential properties in the first five months of 2015 decreased from the same time period a year ago in 169 of the 285 counties analyzed (59 percent).

“As home price appreciation moderates and aligns more closely with trends in rental rates, the returns in the buy-to-rent market are stabilizing and becoming more predictable — if not as lucrative as they were for investors who purchased a few years ago near the bottom of the market,” said Daren Blomquist, vice president at RealtyTrac.


“Buying rentals continues to be a brilliant strategy that allows investors to hedge their bets in a real estate market shifting away from homeownership and toward a sharing economy.”

Average rental rates on 3-bedroom properties increased 3 percent from a year ago across all 285 counties analyzed, while average home prices on 3-bedroom properties increased 4 percent across those same counties.

For a complete copy of the company’s news release, please contact:
Jennifer von Pohlmann
 Sr. Data PR Manager
 Office: 949.502.8300 ext 139


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